I'm looking at a possible fix and flip. The former owners defaulted on a private mortgage. Foreclosure proceedings were halted when the property was purchased by a land trust which paid off the mortgage. Now the land...

Since a number of you guys gave me totally valid reasons as to why you are asking this question, I was happy to acquiesce to client requests of this nature moving forward.

However- what do you do when you come across...

Hello Biggerpockets members. FHA underwriter is requesting a second appraisal(which I figured) and asking for a "written LOX for the purpose of the quick property turnover". Has anyone gone through a similiar situati...

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The recent forum discussions lists contain "links" to posts that are classified as "Topic Archive - Removed Discussions", but that end up being dead links. At some point, can these discussion threads be made to just ...

I currently can only get approved for a 54k loan at my local credit union because my income is so low being a server. I do have some cash reserves I have saved up but plan on saving them for the Rehab of the house and...

Hi Everyone,

I have a couple questions regarding wholesaling a HUD property.

I know there are s...

Despite the possible "close" tenant relations, I want to discuss the strategy of owner occupancy; and only discuss the financial aspects.

When an investor buys a duplex for himself and to rent the other side, he gets...

I believe I read somewhere that if I hold rental property until fully depreciated and then die my heirs can sell the property and pay no capital gains on it whatsoever.

maybe this was continge...

Hello Fellow BP Buddies,I work in capital markets for a very large private real estate development company, and my job entails addressing the needs of our various projects from a capitalization perspective (primarily ...